1109 10Th StOcala, FL 34471

  • Commercial real estate
  • 9,408 SF
For Lease
$16.50/SF/YR View listing

Property Details for 1109 10Th St

Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.57 AC
Property size (Sq ft)
9,408 SF
Zone code
B4
Property type
Commercial real estate
APN
2849-001-002
APU
2849001002

Description

This exceptional 9,400-square-foot medical office building presents a unique investment opportunity in Ocala, Florida. Situated on a 1.57-acre lot, this single-tenant property boasts a prime location, just minutes from area hospitals. Built in 1966, the Class B building features a spacious layout ideally suited for medical practices. The existing build-out includes seven exam rooms with sinks, a large physical therapy room (30' x 26'), a conference room, a procedure room, a nurses' station, trauma bays, a reception/front office, and a substantial waiting area. The property offers ample parking with a ratio of 5.96 spaces per 1,000 square feet. Currently fully vacant, this presents a blank canvas for a new tenant, with the landlord offering tenant improvements toward build-out. Detailed floor plans are available upon request. The property is zoned B4 and has a Marion County Property Appraiser Parcel ID of 2849-001-002. This is a rare opportunity to acquire a well-located, sizable medical office building in a thriving Ocala submarket. The property's size, existing infrastructure, and convenient location make it an attractive prospect for a variety of medical practices. Don't miss this chance to secure a valuable asset in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,161,406
    Hospitality
    $1,979,836
    Educational
    $1,647,200
    Medical
    $1,703,850
    Retail
    $2,562,312

Location Insight

City
Ocala
County
Marion
State
Florida
Latitude
29.1794
Longitude
-82.1484
CBSA code
36100
CBSA name
OCALA, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,892
$273,556
$1,355,579
$1,629,135
-
$273,556
$1,355,579
$1,629,135

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